8-K
filed July 26, 2023, 7:59 PM ET
ticker FDBC
CIK 0001098151
earnings
confidence high
sentiment negative
materiality 0.65
Fidelity D&D Q2 net income falls to $5.4M from $7.7M; EPS $0.94 vs $1.35
FIDELITY D & D BANCORP INC
2023-Q2 EPS reported
$2.18
- Q2 2023 net income $5.4M ($0.94 diluted EPS) vs $7.7M ($1.35) in Q2 2022; a 30% decline.
- Net interest income fell 15% to $15.4M, driven by a 146 bps increase in deposit costs and higher borrowings.
- Non-interest income rose 7% to $4.5M, led by commercial loan fees and deposit service charges.
- Non-performing assets were 0.15% of total assets (Dec 2022: 0.12%); net charge-offs 0.05%.
- Tangible book value per share $27.59 (Dec 2022: $25.18); Tier 1 capital ratio 9.08%, well capitalized.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 1.0
FIDELITY D & D BANCORP INC reported the six months ended June 30, 2023 results: net income $12.4 million, EPS $2.18 diluted earnings per share.
- Period
- the six months ended June 30, 2023
- Net income
- $12.4 million
- EPS
- $2.18 diluted earnings per share
- Result
- reported results
Exact text from the filing
For the six months ended June 30, 2023, net income was $12.4 million, or $2.18 diluted earnings per share, compared to $15.2 million, or $2.67 diluted earnings per share, for the six months ended June 30, 2022.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.7
FIDELITY D & D BANCORP INC reported financial results for the quarter and year-to-date ended June 30, 2023.
- Period
- the quarter and year-to-date ended June 30, 2023
- Result
- reported results
Exact text from the filing
On July 26, 2023, Fidelity D & D Bancorp, Inc. issued a press release describing its results of operations for the quarter and year-to-date ended June 30, 2023.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 1.0
FIDELITY D & D BANCORP INC reported the quarter ended June 30, 2023 results: net income $5.4 million, EPS $0.94 diluted earnings per share.
- Period
- the quarter ended June 30, 2023
- Net income
- $5.4 million
- EPS
- $0.94 diluted earnings per share
- Result
- reported results
Exact text from the filing
Net income for the quarter ended June 30, 2023 was $5.4 million, or $0.94 diluted earnings per share, compared to $7.7 million, or $1.35 diluted earnings per share, for the quarter ended June 30, 2022.
View on SEC.gov
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